sandysemple

the virgin airlines buisness is in the tertiary sector as it provides a service.
Topic 1 Role of Business in Society
Topic 2 Types of Business Organisations
Topic 3 Objectives of Business
Topic 4 The Role of the Entrepreneur
Topic 5 Stakeholders
Topic 6 Methods of Obtaining Finance
Topic 7 Changes in the Business Environment

http://www.virgin-atlantic.com/

role of buisness in scosiety
buisness activety is producing good to sell to people virgin airlines does this by selling planetickets to people. this is the output part of the buisness.

The objectives of virgin atlantic would be to provide quality service to passengers, to travel to locations which other airlines dont go to and to make more money than they did in the previous year.
Entrepreneurs occupy a central position in a market economy. For it's the entrepreneurs who serve as the spark plug in the economy's engine, activating and stimulating all economic activity. The economic success of nations worldwide is the result of encouraging and rewarding the entrepreneurial instinct.
Stakeholders, also known as "Shareholders", are important to a business more so in the early growing stages of a company. The company realizes they don't have enough money to follow their plan of growth and so they start selling shares to anyone who would like to invest into their company.
3 examples of stakeholders are coustomers, employees and supplyers.because they all effect how the buisness is run and developed.
2 methods of obtaining finance are bank loan selling shares.
the buisness enviroment has been changing constantly for the last 50 years as the country started off in the production sector then into the secondary and now into the teritary.

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